what does a salvage title subtract from the value of a car

Asked by Gary Jul 26, 2014 at 07:00 PM about the 2007 Toyota Prius Touring FWD

Question type: Shopping & Pricing

2 Answers
46,155

Michael answered 9 years ago

From what Ive seen 40 to 50% of the cars regular retail value is lost when the title reads salvage.

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1,455

byannalfo answered 9 years ago

In most cases, it makes the car worthless... no bank/finance company will fund a loan, so you'll need to find a cash buyer... and even then, you'll be hard pressed to find anyone who will give you more than 25 cents on the dollar...

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